Results 11 to 20 of about 2,376,871 (359)

Executive compensation as an agency problem [PDF]

open access: yesSSRN Electronic Journal, 2003
This paper provides an overview of the main theoretical elements and empirical underpinnings of a “managerial power” approach to executive compensation. Under this approach, the design of executive compensation is viewed not only as an instrument for addressing the agency problem between managers and shareholders but also as part of the agency problem ...
Bebchuk, Lucian A., Fried, Jesse M.
openaire   +9 more sources

The Effect of Asset Growth on Future Stock Price Crash Risk Given the Moderating Role Conservatism and Agency Problem [PDF]

open access: yesراهبرد مدیریت مالی, 2022
purpose of this study is to investigate the relationship between asset growth and the future stock price crash risk concerning the moderating effects of agency problems and accounting conservatism.Method: To test The the research hypotheses, 102 ...
Abolfazl Shafie, Mohsen Dastgir
doaj   +1 more source

Do External Auditors Perform a Corporate Governance Role in Emerging Markets? Evidence from East Asia [PDF]

open access: yes, 2001
In emerging markets, the concentration of corporate ownership has created agency conflicts between controlling owners and minority shareholders. Conventional corporate control mechanisms such as boards of directors and takeovers are typically weak in ...
Fan, Joseph P. H., Wong, T. J.
core   +3 more sources

Venture capital and obstacles to the venture capital investments [PDF]

open access: yesEkonomski Pogledi, 2016
The subject of this article is the concept of venture capital, one of the most attractive model of financial intermediation in the modern business environment.
Lekpek Ahmedin
doaj   +1 more source

The effect of family ownership on accrual-based and real activities based earnings management: Evidence from the French context [PDF]

open access: yesContabilitate şi Informatică de Gestiune, 2020
Research Question: What is the effect of family ownership on accrual-based earnings management (ABEM) and on real earnings management (REM)? Motivation: Despite the importance and the predominance of family companies among the worldwide listed firms ...
Zeineb Feki Cherif   +2 more
doaj   +1 more source

Tri Kaya Parisudha as a Remedies to the Agency Problem

open access: yesJurnal Ilmiah Akuntansi, 2023
   This conceptual paper proposes a novel approach to mitigate agency problems by incorporating the principles of Tri Kaya Parisudha from Balinese Hinduism.
I Gusti Ayu Ngurah Pradnyadevi Utami   +2 more
doaj   +1 more source

The Accountant as a Means to Corporate Tax Compliance: Evidence from a Randomized Field Experiment in Ecuador

open access: yesLatin American Research Review, 2023
Tax evasion can be considered as a systemic fraud in which different parties such as taxpayers, lawyers, banks, and multinational entities interact. Here, accountants are key agents owing to their legal liability in tax reporting and their knowledge on ...
José Ramírez-Álvarez
doaj   +1 more source

Generalized Agency Problems [PDF]

open access: yesSSRN Electronic Journal, 2009
Agency problems in economics virtually always entail self-interested agency exhibiting "insufficient" loyalty to principal. Social psychology also has a literature, mainly derived from work by Stanley Milgram, on issues of agency, but this emphasizes excessive loyalty -- people undergoing a so-called "agentic shift" and forsaking rationality for ...
openaire   +2 more sources

LOOKING AT HRM THROUGH THE LENS OF AGENCY THEORY – ARE SUBOPTIMAL HRM PRACTICES A CONSEQUENCE OF MORAL HAZARD?

open access: yesDynamic Relationships Management Journal (DRMJ), 2016
The aim of the paper is to provide theoretical evidence that agency problems do exist and could cause under-performance in the HRM area, but as well to systematize and elaborate HRM control systems which reduce agents’ moral hazard in general, and ...
Nina Pološki Vokić
doaj   +1 more source

Does Stewardship Theory Provide a Viable Alternative to Control-Fixated Performance Management?

open access: yesAdministrative Sciences, 2020
Stewardship theory provides an interesting alternative to agency theory, which in the recent New Public Management era supported the introduction of rigorous performance management systems based on generalized mistrust in and control of public employees.
Jacob Torfing, Tina Øllgaard Bentzen
doaj   +1 more source

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